Albuquerque: Housing & Real Estate
The median Albuquerque home is valued at $291,500 (estimated market value runs 23% higher at $358,614), with median rent $1,145 (about the same as Bernalillo County median $1,144; 1.1× higher than New Mexico median $1,067). Homeownership rate: 61.8%. That's about the same as the Bernalillo County median ($292,900); 1.2× higher than the New Mexico median ($248,100). Market is warm. Vacancy rate 5.7%. New construction makes up 8.1% of stock. 20 nursing facilities on file. A municipal building code is in effect.
- 4.3× annual income — home value vs. household income (vs New Mexico 3.9×).
- 21.2 years to break even renting at the median (vs New Mexico 20y).
- 4-BR rent is 2.4× a studio — rent gradient by unit size.
- Median rent 21% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $291,500 — 1.1× the New Mexico median ($269,300). Median rent $1,145/month. homeownership rate 61.8% — below the U.S. share of ~65%.
| Affordability · Price To Income Ratio | 4.3× |
|---|---|
| Affordability · Rent To Income Pct | 20.1% |
| Affordability · Interpretation | moderate |
| Fair Market Rent · Studio rent | $1,009 (at New Mexico median) |
| Fair Market Rent · One-bedroom rent | $1,185 (at New Mexico median) |
| Fair Market Rent · Two-bedroom rent | $1,464 (at New Mexico median) |
| Fair Market Rent · Three-bedroom rent | $2,036 (at New Mexico median) |
| Fair Market Rent · Four-bedroom rent | $2,399 (vs New Mexico $2,231) |
| Fair Market Rent · HUD FMR area | Albuquerque, NM MSA |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $358,614 |
| Median Home Value | $291,500 (vs New Mexico $269,300) |
| Median Rent | $1,145 (vs New Mexico $1,114) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | warm |
|---|---|
| Housing Market · Vacancy rate | 5.7% |
| Housing Market · New construction (% of stock) | 8.1% |
| Housing Market · Price Appreciation 2Yr | 9.3% |
| Housing Orgs · Total count | 63 |
Sources: IRS BMF NTEE L
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Facilities (15)
Systems (5)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at New Mexico median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at New Mexico median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at New Mexico median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 30.2% (at New Mexico median) |
| Broadband · Broadband-capable premises | 282,745 |
| Electricity · Electricity rate (¢/kWh) | 14.20¢/kWh |
| Electricity · Customers | 936098 |
| Electricity · Revenue Millions | $1,043 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at New Mexico median) |
| Mobile Broadband · 5G mobile coverage | 0.997296633 (at New Mexico median) |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · Refreshed 2026-04-12
Charging & Mobility
| Ev Charging · Stations | 155 |
|---|---|
| Ev Charging · Public Stations | 146 |
| Ev Charging · L2 Ports | 275 |
| Ev Charging · Dc Fast Ports | 114 |
Sources: DOE AFDC API
Other
| Homeownership Rate | 61.8% (vs New Mexico 63.6%) |
|---|---|
| Median Year Built | 1982 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12